Performance Stock definition

Performance Stock means a Target Number of Shares granted pursuant to Section 10(a) of the Plan.
Performance Stock means an Award that entitles the recipient to receive Shares, without payment, following the attainment of designated Performance Goals.

Examples of Performance Stock in a sentence

  • Performance Stock Units earned under Section 2(c)(ii) shall be settled and shares of Stock issued to the Grantee or the Grantee’s beneficiary as soon as administratively practicable following the Grantee’s termination of service, but no later than March 15 of the year following the year of Xxxxxxx’s termination of service.

  • The Grantee acknowledges and agrees that the Company has the right to deduct from payments of any kind otherwise due to the Grantee any federal, state, local or other taxes of any kind required by law to be withheld with respect to the grant, settlement or payment of the Performance Stock Units.

  • Xxxx Xxxxxxx and the Performance Stock Unit Inducement Award Agreement, by and between the Company and Xx. Xxxxxxx (collectively, the “Employment Inducement Award Agreements”).

  • Settlement, if any, will occur on or following the Determination Date contemporaneous with other TSR-based Performance Stock Unit payouts for the Performance Period in accordance with Section 4 of the Award Agreement.

  • Each Performance Stock Unit shall represent and have a value equal to one share of common stock of the Company.


More Definitions of Performance Stock

Performance Stock means an Award described in Article 9 herein.
Performance Stock means a type of Restricted Stock, where the lapse of restrictions is based on Performance Goals.
Performance Stock means a grant of a stated number of shares of Common Stock to a Participant under the Plan that is forfeitable by the Participant until the attainment of specified performance goals, or until otherwise determined by the Committee or in accordance with the Plan, subject to the continuous employment of the Participant through the applicable Performance Period.
Performance Stock means a Target Amount of Shares granted pursuant to Section 11.
Performance Stock means a Target Amount of Common Shares granted pursuant to Section 10(a).
Performance Stock means any Share granted under Section 9.
Performance Stock means a type of Restricted Stock, where the lapse of restrictions is based on achievement of one or more Performance Program Targets.